NTPC Stock

NTPC Green Energy shares remained in focus for the second day after its market debut. Despite a weak start on Thursday, the stock rebounded to scale a fresh high

Stock Market Highlights: NTPC Green Energy, which made its debut today, ended higher by 8.74 per cent at Rs 121.25 on the NSE, from its IPO allotment price of Rs 108

At 12:19 pm; NTPC Green market-cap stood at Rs 1.02 trillion, while the stock had surged to Rs 121.15 - up 12 per cent when compared to its issue price of Rs 108 per share.

NTPC share price rose after the company announced that its unit, NTPC Green Energy has signed a MoU with CSPGCL to develop up to 2000 MW renewable energy projects including floating solar

NTPC Green Energy shares posted a lacklustre D-Street debut with listing at Rs 111.60 apiece on the BSE, and Rs 111.50 apiece on the NSE on Wednesday

Market analysts remain optimistic on the long-term outlook but expect a muted listing gain for the company's shares

The initial public offering of NTPC Green Energy Ltd, the renewable energy arm of NTPC, got fully subscribed on the third day of the share sale on Friday. The Rs 10,000-crore share sale received bids for 60,68,16,774 shares, as against 59,31,67,575 shares on offer, translating into 1.02 times subscription, as per NSE data till 11:27 hours. The portion for Retail Individual Investors (RIIs) got subscribed 2.70 times. The quota for Qualified Institutional Buyers (QIBs) fetched 75 per cent subscription, while the non-institutional investors part got subscribed 42 per cent. NTPC Green Energy has mobilised Rs 3,960 crore from anchor investors. The initial share sale is entirely a fresh issuance of equity shares with no offer-for-sale (OFS) component. The issue has a price band of Rs 102-108 per share. Proceeds from the IPO to the tune of Rs 7,500 crore will be used to repay or prepay part or all of its subsidiary NTPC Renewable Energy Ltd's (NREL) outstanding loans and a portion will b

NTPC Green Energy IPO has seen the highest demand from retail investors, with their reserved portion oversubscribed by 1.99 times

Vneet Jaain, former chief executive officer at Adani Green Energy along with Adanis, prosecutors said, raised over $3 billion in loans and bonds by hiding their corruption from lenders and investors

NTPC Green Energy IPO: Trading strategies for NTPC, Power Grid and other listed power stocks on the BSE, NSE.

NTPC Green Energy has reserved 10 per cent of its IPO specifically for existing NTPC shareholders, sparking interest in whether applying through this shareholder quota might improve allotment chances

Here is the complete list of companies whose shares will turn ex-dividend date tomorrow along with other key details

The rise in NTPC share price came after the market regulator Securities and Exchnage Board of India (Sebi) approved NTPC Green Energy's initial public offering (IPO)

The GIFT Nifty indicated a flat start, with an uptick of 12 points at 6:35 AM, trading at 24,464.5

At 7:28 AM, GIFT Nifty indicated a flat opening as it was trading about 3.5 points lower at 24448.50 levels, as against Nifty Futures last close of 24,452.

NTPC is displaying a strong uptrend, characterised by a steady pattern of higher highs and higher lows.

The surge in the NTPC share price came after the company filed Initial Public Offering (IPO) papers for its green energy arm, NTPC Green Energy Limited (NGEL).

Apollo Pipes has recently demonstrated a classic technical pattern known as a triple bottom around its historical support level near the Rs 600-mark.

At 10:03 am; with Rs 3.96 trillion market cap NTPC stock was trading 3.6 per cent higher at Rs 408 on the BSE.

NTPC, Power Grid contributed over 100 points to the BES Sensex so far; while, heavyweights HDFC Bank, Reliance and ICICI Bank were the chief laggards.